Gaga was also in discussions
to contribute music to the film as of last fall.

Business Insider has since
learned the film is going to another studio however, and that
Lady Gaga will not be involved.

In an email sent by Sony
Pictures Entertainment and Columbia Pictures vice president of
production Lauren Abrahams on October 10th, 2014, Abrahams writes
to then Sony Pictures co-chairwoman Amy Pascal and Motion
Pictures Group President Doug Belgrad that "I wanted to make sure Syco/Animal Logic’s
Betty Boop project is on your radar. Lady Gaga is attached
to voice Betty Boop & do some of the music."

Abrahams then mentions that "Neither of us thinks we
should do it, and we’ve also run the brand by marketing who
aren’t inclined either," and questions the appeal of the film
because "it feels weirdly sexualized yet childlike (esp
with Gaga) and not sure really who it’s for in a big mainstream
way."

Belgrad replies that "It sounds kind of weird to me
to be honest. I don't mind if we don't chase it."

Abrahams then says she agrees, and mentions that "MGM
is going to buy it."

Betty Boop was potentially going to be made by
Fleischer Studios, who own the rights to Betty Boop,
and produced by Simon Cowell's Syco Entertainment and
Animal Logic Entertainment.

Business Insider has reached
out to Sony for comment and will update this post if we hear
back.

Update: An earlier version
of this story stated that Lady Gaga would voice Betty Boop. A
source familiar with the discussions now tells Business Insider
that Gaga is not involved and Sony will not be producing this
film.